Why Every American Should Be Outraged

Well you wonder why people as well as business's and their employees are leaving this country in droves, you need look further than this bit of info below! Democrats that whine about outsourcing and no jobs might like to think about how and who YOU vote for. Between unions and the democrats, YOU are soley responsible for everything leaving. It is a GLOBAL market now that you cosistently price you and everyone else out of!
As of yesterday, Feb. 9, 2011 the outstanding U.S. public debt was $14,111,406,723,700.73.

The estimated population of the United States is 309,966,424 - so each citizen's share of this debt is $45,520.46.
The National Debt has continued to increase an average of $4.18 billion per day since September 28, 2007! As a result, the average tax burden weighing on the shoulders of every American citizen only continues to grow. The cost of being American keeps going up, and we’re reaching a critical tipping point. It’s time to start moving your cash and assets to safety and plan your escape from America.

The First Big Lie...

Paul Krugman and the other Keynesian, leftist boneheads claim that our national debt is not a problem. They say that owing $14.1 trillion compared to our GDP of $14.6 trillion is not that bad. That is only 91% of GDP. They point to World War II when our national debt reached 120% of GDP. They say everything worked out after that. Well let’s analyze that comparison for just a second.
 In 1945, Europe, Russia and Asia lay in ruins. The devastation was epic. The United States stood alone as the only unscathed country on earth. America became the manufacturer to the world. We rebuilt Europe and Asia. And our GDP soared as our National Debt declined from $269 billion in 1946 to $255 billion in 1951, remaining below $300 billion until 1963. Today our “reported” National Debt is $14.1 TRILLION.
This is the first big lie.

The Cost of Being an American

Have you heard about two money-losing, mismanaged quasi-governmental entities named Fannie Mae and Freddie Mac? The U.S. government happens to own 80% of them. These two companies cannot operate without government backing, so the U.S. taxpayer is on the hook for these bankrupt companies.
But somehow magical government accounting doesn’t consider their debt the responsibility of the U.S. taxpayer. That is a fraud, pure and simple. Their debt is our debt ... so we’re on the hook for Fannie’s $3.257 trillion and Freddie’s $2.345 trillion. That means that the true National Debt of the United States is at least $18.964 trillion. And that number doesn’t include the unfunded liabilities of Social Security, Medicare and Medicaid ... not to mention the questionable Obama Care health law.
 Thus, America’s debt as a percentage of GDP is at least 130%. This is beyond the level reached during World War II. And we are no longer the manufacturer to the world. We are the consumer to the world. Daily, we add $4 billion to the National Debt. Our GDP is stagnant and, realistically, will grow no faster than 2%. If you want to make yourself ill, seriously stop and think about the true dimensions of the deep hole into which the politicians have dragged the United States. We’ve been forced to dig our OWN financial grave...

Americans Are Paying the Price

Sovereign Society members already know these sad facts about the shrinking dollar, the bloated federal budget and huge trade deficit, the limitless costs of entitlement programs, plus billions squandered for unnecessary wars in Afghanistan and Iraq.  Eight years ago, I told readers, "My checkbook balance tells me I can’t spend what I don’t have. In fact, writing bad checks is a crime in every state. And if a collective national confidence in the economy is a key to prosperity, what happens when Americans finally wake up and discover the financial cupboard is bare?" Finally, many Americans now are asking the pertinent question: How can a government that is bankrupt possibly act as spender, lender and guarantor of last resort?
 The answer is that it cannot. For years to come, we will all be paying - in taxes, inflation and in lost freedom - the horrible price for our government’s all too obvious failures.

The Dollar’s Day of Reckoning is Near

The Federal Reserve is printing money almost limitlessly to pay down our debt ... and yet, the only tangible “assets” it’s producing are stacks of fine quality paper with colored ink. No gold, no silver ... just paper.
The day of reckoning for the dollar inches closer every day, as the Fed issues more Treasuries and floods the market with more devalued paper. Inevitably, this will cause prices to rise and the value of U.S. currency to drop even further ... requiring even more dollars to pay down our already enormous debt.
 That old saying about debt being imposed on our grandchildren now applies to many future generations of the yet unborn. Our great grandchildren and our great-great grandchildren will be forced to pay the horrendous bill for our collective financial sins.
The plain truth is that the American government is bankrupt and few seem willing to admit that fact.

Planning Your Escape from America

It’s time to move your cash and assets to offshore safety, and out of the dying dollar. Millions of Americans are leaving (or planning to leave) the country. According to Zogby Research, a massive and silent migration is underway. Families are packing their bags...and deciding to go offshore at the rate of 54-per minute! (Some seeking a full-time residence... others a part-time tropical vacation home where they can live like royalty for $20,000 a year.)
 The government, of course, won’t tell you about this. Heck, the Feds don’t even keep figures on Americans living abroad. And for good reason. If they DID, and those figures leaked out - they could cause a panic.
 That’s why it’s critical that you act, while you still have the option. (Before the Obama administration slams the door AND spends us into oblivion.) Find out what other frustrated Americans are doing now to protect their assets and their freedom in our latest video, How Some Frustrated Americans Are Retiring Rich By Sidestepping Wall Street And Uncle Sam on the above link for more info!